ERISA PROVISIONS. (a) The following provisions are intended to meet the requirements of ERISA. (i) The general corporate funds of the Bank are the basis of payment of benefits under this Agreement. (ii) For claims procedure purposes, the “Claims Administrator” shall be the Board or its duly authorized designee. (iii) For claims procedure purposes, “Appeals Fiduciary” means an individual or group of individuals appointed by the Claims Administrator to review appeals of claims for benefits made pursuant to this Section 3 due to the Executive becoming Substantially Disabled.
Appears in 7 contracts
Samples: Supplemental Executive Retirement Benefits Agreement (National Commerce Corp), Supplemental Executive Retirement Benefits Agreement (National Commerce Corp), Supplemental Executive Retirement Benefits Agreement (National Commerce Corp)
